Sage 50 Canada

The bookkeeper before me has the line of credit account set up as a cash account. So I am unable to record payments on it and account for it correctly. Sage will not let me simply change the account type to a liability. It is only giving me asset options…

Hello everyone, I'm new here. I transferred $1000 from our US account to our Canadian account and failed to use the correct exchange rate. When I tried to reconcile the Canadian account, I found out that the amount in the Canadian bank statement was 3414…